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Investors & landlords
definitely a typo. should be $150K. but you know that IRS publications have NO authoritative value even though we will often cite what they say. there was one couple that went by a PUB. The IRS said that's not what the Code said. They went to court. The IRS won and the taxpayers got hit with substantial penalties due to the extent of the underpayment.
‎October 8, 2021
5:28 PM